Wsb Holding Co Sample Contracts

Wsb Holding Co – EMPLOYMENT AGREEMENT (September 28th, 2001)

1 Exhibit 10 EMPLOYMENT AGREEMENT As Amended and Restated THIS AGREEMENT entered into this 1 st day of February, 2001 ("Effective Date"), by and between Workingmens Bank (the "Savings Bank") and Robert D. Neudorfer (the "Employee"). WHEREAS, the Employee has heretofore been employed by the Savings Bank as President and is experienced in all phases of the business of the Savings Bank; and WHEREAS, the parties have previously entered into an Employment Agreement; and WHEREAS, the parties desire by this writing to set forth the continuing employment relationship of the Savings Bank and the Employee, as set forth in this amended and restated agreement. NOW, THEREFORE, it is AGREED as follows: 1. Employment. The Employee is employed in the capacity as the President of the Savings Bank. The Employee sh

Wsb Holding Co – SPLIT DOLLAR AGREEMENT (September 22nd, 1999)

EXHIBIT 10.4 FORM OF SPLIT DOLLAR AGREEMENT BETWEEN NAMED EXECUTIVE OFFICER OR DIRECTOR THIS AGREEMENT is entered into by and between workingmen's Savings Bank (the "Bank") and __________________ (the "Executive") as of this ________ day of ____________, 1999 in accordance with the provisions below. WHEREAS, the Executive is a member of a select group of management or highly compensated employees of the Bank; and WHEREAS, the Executive has provided many years of dedicated service to the Bank which has contributed greatly to the Bank's success; and WHEREAS, the Bank is hopeful that the Executive will continue to the future success of the Bank, and WHEREAS, the Bank is the owner of a life insurance policy on the life of the Executive (the "Policy"); and WHEREAS, the Bank and the Executive desire to

Wsb Holding Co – SUPPLEMENTAL EXECUTIVE BENEFIT AGREEMENT (September 22nd, 1999)

EXHIBIT 10.3 FORM OF SUPPLEMENTAL EXECUTIVE BENEFIT AGREEMENT BY AND BETWEEN NAMED EXECUTIVE OFFICER OR DIRECTOR WORKINGMEN'S SAVINGS BANK (the "Bank") hereby enters into this Supplemental Executive Benefit Agreement (the "Agreement") with ___________________ (the "Executive") in accordance with the terms set forth below as of this __________ day of ________________, 1999. WHEREAS, the Executive is a member of a select group of management or highly compensated employees of the Bank; and WHEREAS, the Executive has provided many years of dedicated service to the Bank which has contributed greatly to the Bank's success; and WHEREAS, the Bank is hopeful that the Executive will continue to contribute to the future success of the Bank; and WHEREAS, the Bank desires to reward the Executive for such past services and to encourage the Executive to continue in hi

Wsb Holding Co – FORM OF STOCK AWARD TAX NOTICE (March 3rd, 1999)

EXHIBIT 4.4 FORM OF STOCK AWARD TAX NOTICE TAX ISSUES RELATED TO EXERCISE OF STOCK OPTIONS This memorandum reviews the tax effects upon the exercise of "Non-Incentive Stock Options" ("NSOs") (those options awarded to non-employee directors and perhaps to some officers) and "Incentive Stock Options" ("ISOs") (those options generally awarded to officers and employees). A. Exercise of an NSO ------------------ Upon the exercise of an NSO, the amount by which the fair market value of the shares on the date of exercise exceeds the exercise price will be taxed to the optionee as ordinary income. The Company will be entitled to a deduction in the same amount, provided it makes all required withholdings on the compensation element of the exercise. In general, the optionee's tax basis in the shares acquired by exercising an NSO is equal to t

Wsb Holding Co – 1998 STOCK OPTION PLAN (March 3rd, 1999)

EXHIBIT 4.1 WSB HOLDING COMPANY 1998 STOCK OPTION PLAN WSB Holding Company 1998 STOCK OPTION PLAN 1. Purpose of the Plan. The Plan shall be known as the WSB Holding Company ("Corporation") 1998 Stock Option Plan (the "Plan"). The purpose of the Plan is to attract and retain qualified personnel for positions of substantial responsibility and to provide additional incentive to officers, directors, key employees and other persons providing services to the Corporation, or any present or future parent or subsidiary of the Corporation to promote the success of the business. The Plan is intended to provide for the grant of "Incentive Stock Options," within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code") and Non-Incentive Stock Options, options that do not so

Wsb Holding Co – FORM OF STOCK OPTION AGREEMENT TO BE ENTERED INTO (March 3rd, 1999)

EXHIBIT 4.2 FORM OF STOCK OPTION AGREEMENT TO BE ENTERED INTO WITH RESPECT TO INCENTIVE STOCK OPTIONS STOCK OPTION AGREEMENT ---------------------- FOR INCENTIVE STOCK OPTIONS UNDER SECTION 422 OF THE INTERNAL REVENUE CODE PURSUANT TO THE WSB HOLDING COMPANY 1998 STOCK OPTION PLAN ---------------------- STOCK OPTIONS for a total of _________ shares of Common Stock of WSB Holding Company (the "Company"), which Option is intended to qualify as an Incentive Stock Option under Section 422 of the Internal Revenue Code of 1986, as amended, is hereby granted to ___________, (the "Optionee"), at the price determined as provided in, and in all respects subject to the term

Wsb Holding Co – FORM OF STOCK OPTION AGREEMENT TO BE ENTERED INTO (March 3rd, 1999)

EXHIBIT 4.3 FORM OF STOCK OPTION AGREEMENT TO BE ENTERED INTO WITH RESPECT TO NON-INCENTIVE STOCK OPTIONS STOCK OPTION AGREEMENT ---------------------- FOR NON-INCENTIVE STOCK OPTIONS PURSUANT TO THE WSB HOLDING COMPANY 1998 STOCK OPTION PLAN ---------------------- NON-EMPLOYEE DIRECTORS STOCK OPTIONS for a total of _________ shares of Common Stock of WSB Holding Company (the "Company") is hereby granted to ____________ (the "Optionee") at the price determined as provided in, and in all respects subject to the terms, definitions and provisions of the 1998 Stock Option Plan (the "Plan") adopted by the Company which is incorporated by reference

Wsb Holding Co – EMPLOYMENT AGREEMENT (February 11th, 1998)

Exhibit 10 EMPLOYMENT AGREEMENT THIS AGREEMENT entered into this 20th day of January, 1998 ("Effective Date"), by and between Workingmens Bank (the "Savings Bank") and Robert D. Neudorfer (the "Employee"). WHEREAS, the Employee has heretofore been employed by the Savings Bank as President and is experienced in all phases of the business of the Savings Bank; and WHEREAS, the parties desire by this writing to set forth the continuing employment relationship of the Savings Bank and the Employee. NOW, THEREFORE, it is AGREED as follows: 1. Employment. The Employee is employed in the capacity as the President of the Savings Bank. The Employee shall render such administrative and management services to the Savings Bank and WSB Holding Company ("Parent") as are currently rendered and as are customarily performed by persons situated in a similar executi

Wsb Holding Co – ARTICLES OF INCORPORATION (August 19th, 1997)

RESTATED ARTICLES OF INCORPORATION OF WSB HOLDING COMPANY Article 1. Name. The name of the corporation is WSB Holding Company (hereinafter, the "Company"). Article 2. Registered Office. The address of the initial registered office of the Company in the Commonwealth of Pennsylvania is 807 Middle Street, Pittsburgh, Pennsylvania 15212. Article 3. Nature of Business. The Company is organized under the Business Corporation Law of 1988, as amended, of the Commonwealth of Pennsylvania (the "BCL") for the purpose of engaging in any lawful act or activity for which a corporation may be organized under the laws of the Commonwealth of Pennsylvania. Article 4. Duration. The term of the existence of the Company shall be perpetual. Article 5. Capital Stock.

Wsb Holding Co – FORM OF EMPLOYMENT AGREEMENT (June 17th, 1997)

EXHIBIT 10 FORM OF EMPLOYMENT AGREEMENT THIS AGREEMENT, made this 30th day of September, 1996, by and between Workingmen's Savings Bank, F.S.B., hereinafter referred to as the Employer and Robert D. Neudorfer, of Pittsburgh, Pennsylvania, hereinafter referred to as the Employee. Witnesseth, in consideration of the mutual covenants contained, it is agreed as follows: 1. The Employer will continue to employ the full-time services of the Employee in the position of the President of the Employer for the period commencing from the date hereof until June 30, 1999. 2. The Employer will pay to the Employee a gross salary as determined from time to time by its Board of Directors. Such salary shall be paid on a bi-weekly basis with the deduction therefrom of all mandated withholding taxes and such additional deductions as may be mutually agreed upon. 3. T